Posts Tagged ‘consumption tax’

  • 16006_11.14_000008425454XSmall

    A Big VAT

    Nov 14, 10 • 124 Views • Government, Households, Macroeconomic MeasurementNo Comments

    Dating back to the 18th century, the Chinese vase that a brother and sister found “in a dusty attic” sold for $69.5 million at a London auction. The NY Times called it a “treasure-in-the-attic” story. For us economists, it is a VAT...